Tag Archives: Paul Krugman

Great Questions from Paul Krugman

Why have profits been so strong in a weak economy? Why, with profits so high, don’t businesses find reason to invest more (equipment investment is actually fairly strong, but construction remains weak). (For the seriously wonkish, why do average and marginal … Continue reading

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Inflation & Economic Slack

From Paul Krugman      

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Writing Economic Models like Paul Krugman

From the archives: [Krugman] uses theoretical modeling and observation of the real world to discipline and reinforce each other. In the introduction to Currency and Crises [10] , his second collection of articles, he includes a “personal manifesto” of his approach: “[T]he … Continue reading

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Debt to GDP & Future Economic Growth

There has been a lot of discussion today on Reinhart and Rogoff’s work on Debt to GDP & future economic growth (see Mike Konczal, Krugman, CEPR, Brad Plumer,  and the original critique from Herden, Ash, Pollin), so I wanted to highlight some … Continue reading

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Links: Deficits, Fiscal Policy in a Depressed Economy, Finance, & Moneyball for Judges

Moneyball for Judges by Cass Sunstein Dylan Matthews on Deficits (and Krugman follow up) Fiscal Policy in a Depressed Economy: Further Thoughts from Brad Delong Solow on American Finance (or Mark Thoma’s summary)

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Krugman on UST Debt, Fed Purchases, & Interest Rates

Paul Krugman has a nice post challenging the sometimes accepted wisdom that the fed “gobbling up” massive amounts of UST is the primary reason for low rates. He makes three points: “As Bernanke stressed, long-term interest rates have moved very … Continue reading

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Krugman & Bernanke on Capital Flows

Here’s Krugman’s op-ed on capital flows today: But the truth, hard as it may be for ideologues to accept, is that unrestricted movement of capital is looking more and more like a failed experiment. And here is Bernanke on capital … Continue reading

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If Austerity is Working, What Does Failure Look Like?

From Paul Krugman

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Today’s Links: Tax Policy & Inequality and the Absence of Deflation

Partisan Tax Policy and Income Inequality in the U.S., 1979-2007 HT: Bruce Bartlett Why Don’t we have deflation?

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Corporate Profits as a Share of Output

From Paul Krugman

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